alexchoong

alexchoong | Joined since 2017-08-25

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2017-08-25 14:20 | Report Abuse

@calvintaneng

First of all, appreciate the insightful investment articles that you’ve written over the years. Keep up the great work!

Are you currently following EKSONS (9016)? FYI, this company has businesses in plywood manufacturing and property development. The company has mills located at East Malaysia (i.e. near sources of timber supply at Sibu & Tawau ‘http://www.eksons.com.my/t_factory.php’).

The current price is at RM0.91 (25 August 2017) vs NTA of RM2.89 (approx. 3 times). Also, noticed that Mr. Lim Pei Tiam (i.e. one of the 30 largest shareholders) has increased his shareholding from 1,006,200 shares / 0.61% (as of 30 June 2016) to 3,364,700 / 2.05% (as of 5 July 2017).

Appreciate your thoughts in the potential of this company, should you be interested. Thanks in advance.